PLBY Group, Inc. (NASDAQ:PLBY) Short Interest Update

PLBY Group, Inc. (NASDAQ:PLBY) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 2,930,000 shares, a decline of 23.3% from the October 31st total of 3,820,000 shares. Based on an average daily volume of 2,770,000 shares, the short-interest ratio is presently 1.1 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a $0.70 target price (down from $1.50) on shares of PLBY Group in a research report on Friday, August 9th.

Hedge Funds Weigh In On PLBY Group

A hedge fund recently raised its stake in PLBY Group stock. Vanguard Group Inc. lifted its stake in shares of PLBY Group, Inc. (NASDAQ:PLBY) by 4.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,441,683 shares of the company’s stock after buying an additional 95,362 shares during the period. Vanguard Group Inc. owned about 3.35% of PLBY Group worth $2,564,000 at the end of the most recent quarter. 32.46% of the stock is owned by institutional investors.

PLBY Group Stock Up 7.0 %

Shares of PLBY traded up $0.09 during trading hours on Friday, reaching $1.38. The stock had a trading volume of 568,838 shares, compared to its average volume of 1,121,523. The firm has a 50-day simple moving average of $0.93 and a 200 day simple moving average of $0.82. PLBY Group has a 12 month low of $0.52 and a 12 month high of $1.55. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 12.49. The company has a market capitalization of $123.63 million, a price-to-earnings ratio of -1.44 and a beta of 2.26.

PLBY Group (NASDAQ:PLBY) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.45) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.32). The business had revenue of $12.86 million during the quarter. PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%.

About PLBY Group

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.